Copperwired Public (Thailand) Market Value
| CPW Stock | THB 2.10 0.04 1.94% |
| Symbol | Copperwired |
Copperwired Public 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Copperwired Public's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Copperwired Public.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Copperwired Public on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Copperwired Public or generate 0.0% return on investment in Copperwired Public over 90 days. Copperwired Public is related to or competes with Com7 PCL, Central Retail, Dohome Public, Bangkok Chain, and Ekachai Medical. Copperwired Public Company Limited retails, distributes, and repairs computers, mobile phones, and accessories in Thaila... More
Copperwired Public Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Copperwired Public's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Copperwired Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.22 | |||
| Information Ratio | 0.0642 | |||
| Maximum Drawdown | 8.92 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 2.66 |
Copperwired Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Copperwired Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Copperwired Public's standard deviation. In reality, there are many statistical measures that can use Copperwired Public historical prices to predict the future Copperwired Public's volatility.| Risk Adjusted Performance | 0.0128 | |||
| Jensen Alpha | 0.068 | |||
| Total Risk Alpha | 0.2297 | |||
| Sortino Ratio | 0.0516 | |||
| Treynor Ratio | 0.0101 |
Copperwired Public Backtested Returns
As of now, Copperwired Stock is relatively risky. Copperwired Public secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Copperwired Public, which you can use to evaluate the volatility of the firm. Please confirm Copperwired Public's Mean Deviation of 1.39, risk adjusted performance of 0.0128, and Downside Deviation of 2.22 to double-check if the risk estimate we provide is consistent with the expected return of 0.0158%. The firm shows a Beta (market volatility) of 0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Copperwired Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding Copperwired Public is expected to be smaller as well. Copperwired Public right now shows a risk of 1.79%. Please confirm Copperwired Public total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Copperwired Public will be following its price patterns.
Auto-correlation | -0.84 |
Excellent reverse predictability
Copperwired Public has excellent reverse predictability. Overlapping area represents the amount of predictability between Copperwired Public time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Copperwired Public price movement. The serial correlation of -0.84 indicates that around 84.0% of current Copperwired Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Copperwired Public lagged returns against current returns
Autocorrelation, which is Copperwired Public stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Copperwired Public's stock expected returns. We can calculate the autocorrelation of Copperwired Public returns to help us make a trade decision. For example, suppose you find that Copperwired Public has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Copperwired Public regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Copperwired Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Copperwired Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Copperwired Public stock over time.
Current vs Lagged Prices |
| Timeline |
Copperwired Public Lagged Returns
When evaluating Copperwired Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Copperwired Public stock have on its future price. Copperwired Public autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Copperwired Public autocorrelation shows the relationship between Copperwired Public stock current value and its past values and can show if there is a momentum factor associated with investing in Copperwired Public.
Regressed Prices |
| Timeline |
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Copperwired Public financial ratios help investors to determine whether Copperwired Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Copperwired with respect to the benefits of owning Copperwired Public security.